Earnings Releases·Nov 5, 2026, 7:02 AM ET

Frontdoor — Third Quarter 2026 Earnings Summary

Revenue rose 6% year-over-year to $655 million, while net income and EPS increased 10% and 16% respectively to $116 million and $1.65, driven by 3% higher realized prices and volume.
The company raised full-year 2026 revenue guidance to $2.205–$2.215 billion and Adjusted EBITDA guidance to $590–$600 million, citing strong demand despite unfavorable weather adding $9 million to claims costs.
Management expects to complete the existing $650 million share repurchase authorization by November 2026, nearly a year ahead of schedule, following $259 million in buybacks year-to-date.
A new $1 billion share repurchase authorization was approved for a three-year period beginning November 2026, with the company maintaining a capital-light model generating $298 million in free cash flow for the first nine months.